Toronto Regional Real Estate Board: April 2026 Sees Sales Rebound, Benchmark Price at $815,700 Amidst Seller's Market

Toronto Regional Real Estate Board — April 2026

The Toronto Regional Real Estate Board reports a Composite Benchmark Price of $815,700 for April 2026, marking a 6.4% year-over-year decline. Total sales reached 48, indicating a notable increase from the prior month, as the market maintained a sellers' condition.

Market Analysis

April 2026 witnessed a significant increase in sales activity, with 48 transactions recorded by the Toronto Regional Real Estate Board, up from 22 sales in March 2026. The Composite Benchmark Price for the month rose to $815,700, an increase from $804,800 in March. The Average Price for April stood at $868,683, reflecting varied property values across the region. Despite a year-over-year price decline of 6.4%, the month-over-month trends suggest a strengthening market.

Supply and demand dynamics shifted notably in April, contributing to a sellers' market condition. New listings totaled 109, while active listings were 156. The Months of Inventory (MOI) decreased sharply to 3.3 months, down from 6.1 months in March 2026, indicating a tighter supply relative to buyer demand. The Sales-to-New Listings Ratio (SNLR) was 44.0%, further supporting the competitive environment for buyers.

Property Type Analysis

Specific benchmark prices and sales figures for individual property types, including Detached, Attached/Townhouse, and Apartment segments, were not available for April 2026. This limits a detailed breakdown of performance across different housing categories within the Toronto Regional Real Estate Board's jurisdiction.

Regional Highlights

The overall market trends observed in April 2026, including the increase in sales and the tightening of Months of Inventory, reflect general conditions across the Toronto Regional Real Estate Board's service area. While specific regional breakdowns are not provided, the shift towards a sellers' market suggests a broad-based increase in buyer activity relative to available inventory.

For Buyers

In a sellers' market with declining Months of Inventory, buyers should be prepared for competitive conditions. It is advisable to secure pre-approval for financing, act decisively when a suitable property becomes available, and work closely with a real estate professional to navigate current market dynamics and understand specific property values.

For Sellers

Sellers are currently operating in a favorable market environment, characterized by increased sales activity and reduced inventory levels. While the Composite Benchmark Price shows a year-over-year decline, the month-over-month increase and low Months of Inventory suggest strong buyer interest. Sellers should strategically price their homes based on recent comparable sales and ensure their properties are well-presented to capitalize on current demand.